BADM221: Fundamental Of Economic and Business Statistics Assignment Solution

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ASSIGNMENT DETAILS:

REFERENCING STYLES: NOT SELECTED
WORDS: 750
COURSE CODE: BADM221
COURSE TITLE: FUND OF ECON AND BUS STATISTICS
UNIVERSITY: ACADIA UNIVERSITY
COUNTRY: CA

If the mean is smaller than mode for a data set, what can you conclude about the data’s distribution?

Calculate the Standard deviation for a data set following binomial distribution when the average rate of success is 25.2 and probability of success in every trial is 0.72. Suzanne is scored in the 71st percentile on the GRE. If 300 people took that test, how many people had a score at least as high as Suzanne? Use the data that is given in the following Stem plot and answer questions “a” to “c”